If you’re working in tech in the EU, you’ll know about hiring freezes and job cuts that have impacted across the industry this year. Some of them include the grocery delivery apps Gorillas and Zapp, the Fintech Klarna, crypto firm Coinbase and Nuri, the Berlin-based digital bank. Companies are tightening their belts ahead of predicted economic downturns and recessions, but it isn’t all bad news.
Hiring remains robust across the Union. The EU’s Tech Hiring Trends 2021 report stated that employers across the 10 countries it assessed posted nearly 900,000 job advertisements in the first quarter of the year highlighting a clear surge, as many sectors move to digital environments. This year, Eurostat reports that 2.9% of jobs in the EU and 3.1% of jobs in the euro area were vacant in the first quarter.
That might be making you think it’s high time you looked for a new job – or had a chat with your manager about your current compensation. You might be due a raise if you meet any (or all) of the below.
- You’ve never had a pay rise
While it’s normal for your responsibilities to change somewhat as you adapt to a job, if you’re doing significantly more work or your responsibilities have changed considerably from what’s on your job spec, it may be time to have a conversation. Take into account the fact that the cost of living is rising too and has been since 2021. Prices on average, as measured by the EU Harmonised Index of Consumer Prices (HICP), increased by 9.6% compared with June 2021.
- Your job has changed significantly
Thanks to the much spoken about “Great Resignation”, many people have left jobs, gone remote or changed other aspects of their working lives. That could mean you’ve been left with additional responsibilities, for example the tasks of someone who has left and hasn’t been replaced.
- You make less than people in the same job
Time to sharpen your networking skills. Check in with colleagues or industry contacts and sense-check with them what the salary for the same role at their company is.
- New hires get paid more
Set up job alerts for the advertisements your company posts. This can be a good way to gather salary data. When a new hire makes more for the same job you’re doing, this is direct evidence you can take to your manager to ask for a salary increase.
- Employee review websites say you’re underpaid
Employee review sites such as Glassdoor can allow you to not only check out real employee reviews of employers, but allow you to discover compensation and salary information. By searching your job title and location you should be able to get a fairly accurate snapshot of what you could be earning.
- Lots of people have left
This can be indicative of poor company culture, but it can also mean that your colleagues have found a better deal elsewhere. If a lot of people are suddenly leaving, it could well mean that there is better compensation and benefits out there for the same job.
Interested in a new job? We have three below worth checking out as well as plenty more on the Silicon Canals Job Board.
Sales Engineering Manager Benelux, Collibra
The Senior Manager, Sales Engineering will work closely with sales management, technical leadership, and other executive personnel within Collibra to drive revenue. You will lead performance management initiatives and act as a mentor to develop your direct reports.
Five years’ management experience with proven success building and managing a world-class technical pre-sales organisation is required as is experience managing remote/field employees. You’ll also need five years’ experience in engaging large, complex organisations with longer than average sales cycles. Apply now.
Cloud Engineering, Amadeus
As a Cloud Engineer, you will be exposed to the applications, infrastructure and technologies that are built to handle massive growth and volume reliably and make material contributions to the tooling and services that power Amadeus’ technology. You will have a collaborative and proactive approach, the capability to work in a multicultural, global environment and a strong level of written and verbal English. You’ll require C, C++ or Java, and Shell, Perl, GO or Python, as well as service oriented architecture (SOA) design patterns and proven experience in building cloud native/cloud first applications in a cloud environment such as AWS, Google Cloud, or Azure. Apply now.
Machine Learning Engineer (f/m/d), wefox
Wefox is currently looking for a Machine Learning Engineer to join the team in Paris. This is the Advanced Innovation Team which leverages machine learning to improve the customer experience, and to deliver innovative products like risk detection and risk prevention. You’ll design, implement, and deploy distributed, high-volume, high-performance, low-latency machine learning models. You will need strong knowledge of machine learning architectures: fully connected, CNN, LSTM, and transformers as well as experience in one (or more) of the following fields: computer vision, natural language processing, audio processing, time series, or anomaly detection. Apply now.
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